Properties / 13615 S SILENT Road
FHA ASSUMABLERate: 6.47%

13615 S SILENT Road

$299,999
Arizona City, AZ 85123
3 beds2 baths1,659 sqftSingle Family
The assumable advantage
6.47%
FHA assumed rate
$32,045 interest already paid off
Estimated Loan Balance$245,323
Cash to close$54,931
Est. Monthly PITI$1,849
Initial Loan Amount$250,371
Time on site21 days
Remaining Term28 years, 1 month
Seller's equity (what you pay)
$54,676
Cash or secondary financing
Monthly savings
$188
Versus today's market rate
Est. savings per year
$2K
Versus today's market rate

About this home

BETTER THAN NEW--and priced under $300,000! Built in 2024, this move-in-ready home already has the finishing touches completed, plus every bedroom features its own walk-in closet. The block-fenced backyard offers a grass area, paver sitting area, RV gate, and plenty of additional parking. A dedicated 30-amp RV hookup has been conveniently installed near the RV gate. The home also offers a two-car garage, and all appliances convey, including the refrigerator, washer, and dryer. Skip the wait and added expense of new construction--everything is finished and ready for you at just $299,999!

How assumption works for this home

Can I assume this FHA loan?

Yes, as long as you meet the lender's credit (620+) and DTI requirements. FHA assumptions require you to use the home as your primary residence.

How much cash do I actually need?

You need to cover the seller's equity of $54,676. If you don't have that in cash, we can help structure secondary financing to cover the gap.

Can investors assume this one?

No — FHA loans require owner-occupancy. If you're an investor, ask us about our VA inventory.

How long does this take?

Typically 45 days. The lender underwriting is 2–3 weeks, and the rest is standard closing.

Property details

Bedrooms3
Bathrooms2
Square feet1,659
Property typeSingle Family
MLS #7069542
CountyMaricopa County
Assumable loanFHA
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Investor?
FHA is primary-residence only. But Jeff has VA assumables in the same area.
Jeff Salazar
Active now · (602) 332-3860
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Payment & cash calculator

Cash covers the gap between the price and the existing loan balance. Changing this amount does not change the existing mortgage payment.

Est. mortgage payment (P&I)
$1,581/mo
Source est. payment (PITI)
$1,849/mo

P&I is principal and interest. PITI also includes estimated taxes and insurance. HOA fees and payments on any additional financing are separate.

Estimated equity gap$54,676

Asking price minus remaining loan balance. Closing costs are additional.

$0$54,676
Additional funds needed$0

The equity gap is covered. Closing costs and assumption fees still need to be confirmed.